BIZ

GM Bonuses Skyrocket while Bondholders Get Screwed

February 19, 2012

It sure is funny how things change. Just three years ago, General Motors lost a whopping $30.9 billion dollars in a single year. High operating leverage stemming from the exorbitant fixed cost of manufacturing automobiles coupled with slowing car sales decimated the company. In 2011, the company reports that it made $7.6 billion, helped in […]

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Insane Success Stories That Drive Me Crazy…But Shouldn’t

February 14, 2012

I was listening to Stern on the way in the other day and he had the graffiti artist David Choe who’s now worth an estimated $100-$200 MILLION because he spray-painted a wall at the Facebook headquarters and they’re going public.  His stories were insane.  The Facebook story isn’t his only compelling feat, the guy should […]

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Your President Is Lying About a “Strong Dollar Policy” – Why Dollar Weakness Matters

January 31, 2012

I couldn’t help but notice today that Pfizer started the trend we’ll see from every multinational today blaming lower 2012 forecasts on a stronger dollar (CNBC).  Pfizer has lowered their revenue projections by a full $200 Million.  Two Hundred Million Dollars!  … due to a stronger dollar.  And that’s just one company.  A strengthening dollar […]

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How the Ratings Agencies Complicit in the Housing Collapse Are Actually Saving the World

January 16, 2012

This is not a theme you’ll see in the mainstream press, but it’s the truth.  Unfortunately, you can’t prove what “might have been” if it doesn’t come to be, but read on and tell me where I’m wrong.  The same ratings agencies that are fodder for everyone from Obama to European leaders for their utter […]

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A Week in India: An Education…

December 16, 2011

I’m taking the final few moments here in India to jot some notes down on my impressions and learnings as an American who has only traveled to tourist destinations in Europe and some Carribean Islands as opposed to going to a developing country on business and taking some time to see the raw, unsanitized version […]

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October Update: Blog Income, Outsourcing Biz, Real Estate

November 1, 2011

Since I’ve been reporting my online earnings monthly for some time now (see my Blogging Section for more tidbits and history), I’ve expanded my reporting to include my small business and the real estate deal I recently closed with a partner.  I’m coming off the worst income month of the year in September and I […]

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